Capricorn

Seurat Technologies draws recognition from the Boston Globe as a "Top Place to Work" on the heels of its $99M Series C lead by NVIDIA and Capricorn

Retrieved on: 
Tuesday, December 19, 2023

WILMINGTON, Mass., Dec. 19, 2023 /PRNewswire/ -- Seurat Technologies, the Boston-based company that is making manufacturing better for people and the planet, announced today, that on the heels of their historic YoY growth in 2023 they will be ramping up hiring in the greater Boston area by approximately 30% in 2024 across a broad range of technical and professional positions. Seurat was just named one of the Top Places to Work in Massachusetts for the second consecutive year in the 15th annual employee-based survey project from The Boston Globe. Top Places to Work recognizes the most admired workplaces in the state voted on by the people who know them best—their employees.

Key Points: 
  • Seurat was just named one of the Top Places to Work in Massachusetts for the second consecutive year in the 15th annual employee-based survey project from The Boston Globe.
  • Top Places to Work recognizes the most admired workplaces in the state voted on by the people who know them best—their employees.
  • Manufacturing has historically been one of the largest contributors to greenhouse gas emissions, responsible for 31 % of emissions in the US.
  • This mission, to build a scalable solution and fundamentally change how products are made, requires a strategic investment in top talent.

Erthos Secures Additional $24 Million in Equity Financing

Retrieved on: 
Monday, September 11, 2023

Tempe, AZ, USA, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Utility-scale solar trailblazer, Erthos, today announced securing $24 million in funding, led by Capricorn’s Technology Impact Funds.

Key Points: 
  • Tempe, AZ, USA, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Utility-scale solar trailblazer, Erthos, today announced securing $24 million in funding, led by Capricorn’s Technology Impact Funds.
  • "After showcasing two years of outstanding performance data, we've demonstrated our technology's reliability, leading to significant market demand," states Charles Pimentel, President and Chief Commercial Officer at Erthos.
  • Ion Yadigaroglu, Partner at Capricorn, shares, "Erthos stands out in its potential to revolutionize solar cost-effectiveness.
  • Erthos invites interested parties and media representatives to their exhibit (booth 28048) at the annual RE+ solar trade show in Las Vegas, Nevada, September 12th through 14th.

Pioneering the Future of Automotive Solutions: Repairify™ and Capricorn® unveil joint venture to deliver advanced automotive remote diagnostic services to repairers across Australia and New Zealand

Retrieved on: 
Monday, July 31, 2023

Repairify™ and Capricorn® have equal ownership of the joint venture, which will be branded as "Repairify" and distributed across Australia and New Zealand by Capricorn® through the Capricorn® Preferred Supplier Network.

Key Points: 
  • Repairify™ and Capricorn® have equal ownership of the joint venture, which will be branded as "Repairify" and distributed across Australia and New Zealand by Capricorn® through the Capricorn® Preferred Supplier Network.
  • Repairify™ provides market-leading remote automotive repair solutions across North and South America, Europe, and greater EMEA with strong, long-term relationships with the majority of global Original Equipment Manufacturers (OEMs).
  • The joint venture will provide world-class remote automotive repair solutions to Australian and New Zealand automotive service and repair businesses, enabling them to deliver a superior customer experience through faster turnaround times and increased productivity.
  • This clearly outlines the dedication of both companies to best support the industry as a whole towards a stronger future.

Seurat Technologies Partners with Siemens Energy to Manufacture 59 Tons of Metal Parts

Retrieved on: 
Tuesday, May 2, 2023

WILMINGTON, Mass., May 2, 2023 /PRNewswire/ -- Seurat Technologies – the 3D metal printing leader making manufacturing better for people and the planet – announced an agreement to develop 59 tons of additively manufactured metal components for Siemens Energy turbines. Development will ramp up over a six-year-period for parts meeting the material qualification requirements of Siemens Energy. The initial focus will be on one part family, with the possibility of increasing volumes to include others in the future.

Key Points: 
  • WILMINGTON, Mass., May 2, 2023 /PRNewswire/ -- Seurat Technologies – the 3D metal printing leader making manufacturing better for people and the planet – announced an agreement to develop 59 tons of additively manufactured metal components for Siemens Energy turbines.
  • Development will ramp up over a six-year-period for parts meeting the material qualification requirements of Siemens Energy.
  • "Siemens Energy is always looking for innovative technologies that can transform the future while creating a more sustainable world," said Siemens Energy Head of Venture Building Enrique Gonzales Zanetich.
  • Siemens Energy has also invested cash in Seurat Technologies through its venture arm, Siemens Energy Ventures.

John Jonson Joins Ionic Partners as Principal, Capital Formation

Retrieved on: 
Wednesday, March 8, 2023

AUSTIN, Texas, March 8, 2023 /PRNewswire-PRWeb/ -- Ionic Partners ("Ionic") announced today that John Jonson has joined the firm to lead Ionic's capital formation efforts, bringing his decades of experience as a leader in fundraising, investment entity structuring, and business development.

Key Points: 
  • Ionic Partners, a pioneer in investing in and operating Second Chasm software companies, announces the appointment of John Jonson as Principal, Capital Formation.
  • AUSTIN, Texas, March 8, 2023 /PRNewswire-PRWeb/ -- Ionic Partners ("Ionic") announced today that John Jonson has joined the firm to lead Ionic's capital formation efforts, bringing his decades of experience as a leader in fundraising, investment entity structuring, and business development.
  • Jonson joins Ionic as its third Principal, joining Audrey Pang and Tanner Cerand who joined the firm from Vista Equity Partners and focus on Operations and Origination, respectively.
  • Prior to joining Ionic, John served as Head of Capital Formation at Pantera Capital, the first blockchain hedge and venture fund in the United States and considered one of the pre-eminent firms in the space.

Belgian Company Minze Health Raises €3.9m to Further Scale Its Digital Health Solutions for the Treatment of Urinary Tract Problems

Retrieved on: 
Thursday, December 1, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221201005062/en/
    Minze Diary, a novel and automated bladder diary enabling quicker and better treatment of LUTS.
  • (Photo: Minze Diary)
    Minze Health is a digital healthcare scale-up that enables better care for 2.3 billion people with Lower Urinary Tract Symptoms (LUTS).
  • Most common symptoms are urinary incontinence, a weak urine stream due to an enlarged prostate, frequent voiding and night voiding.
  • Tine Bekaert, Senior Investment Manager at PMV: Minze Healths solutions to often unspoken social problems, represent enormous international potential.

Boston Globe Honors Seurat Technologies as Top 5 Place to Work

Retrieved on: 
Thursday, December 1, 2022

WILMINGTON, Mass., Dec. 1, 2022 /PRNewswire/ -- Seurat Technologies – the 3D metal printing leader making manufacturing better for people and the planet  – today announced it has been named to the Boston Globe Top Places to Work list. Seurat was ranked #5 in the Small Employers category (50-99 employees). A total of 381 organizations were reviewed, the most companies ever surveyed for the annual list.

Key Points: 
  • The 3D metal printing leader has doubled its employee headcount year-over-year and expects continued growth as it prepares to open its first full-scale factory in the Boston metro.
  • To continue this legacy of homegrown innovation, Seurat is committed to creating a vibrant workplace with equity and collaboration as key pillars."
  • This year marks the fifteenth anniversary of the Boston Globe's Top Place to Work awards which recognize the most admired workplaces in the state based on an employee survey.
  • Seurat Technologies is creating the next generation of metal printers designed for industrial serial production.

Fervo Announces 20 MW Power Purchase Agreement to Provide 24/7 Carbon-Free Geothermal Electricity to Southern California

Retrieved on: 
Thursday, November 10, 2022

Today, Fervo Energy announced the execution of a 20 MW power purchase agreement to provide 24/7 carbon-free geothermal power to a group of nine California-based community choice aggregators (CCAs).

Key Points: 
  • Today, Fervo Energy announced the execution of a 20 MW power purchase agreement to provide 24/7 carbon-free geothermal power to a group of nine California-based community choice aggregators (CCAs).
  • The project will dispatch 20 MW of 24/7 carbon-free geothermal power from Fervos Beaver County, Utah position with expected operation in Q2 of 2026.
  • Fervo Energy applies proven technologies including horizontal drilling and distributed fiber optic sensing to geothermal power development to deliver more reliable and cost-effective projects.
  • Fervo Energy is making meaningful progress toward expanding geothermal accessibility, furthering climate action goals, all while providing carbon-free geothermal power to households throughout Southern California.

Palliser Capital Voices Opposition to Capricorn Energy’s Merger with NewMed Under Proposed Terms

Retrieved on: 
Thursday, October 27, 2022

In response to the recently proposed merger between Capricorn Energy PLC (LSE: CNE) (Capricorn or the Company) and NewMed Energy LP (NewMed) (the Proposed Merger), Palliser Capital (Palliser), one of the Companys largest investors with interests representing approximately 6.6%1 of the Companys outstanding share capital, has today released a presentation outlining its opposition to the Proposed Merger.

Key Points: 
  • In response to the recently proposed merger between Capricorn Energy PLC (LSE: CNE) (Capricorn or the Company) and NewMed Energy LP (NewMed) (the Proposed Merger), Palliser Capital (Palliser), one of the Companys largest investors with interests representing approximately 6.6%1 of the Companys outstanding share capital, has today released a presentation outlining its opposition to the Proposed Merger.
  • View the full release here: https://www.businesswire.com/news/home/20221027005312/en/
    In early August, Palliser called for the abandonment of Capricorns previously proposed merger with Tullow following a months-long engagement with the Companys Board and senior management team, which was supported by other major shareholders.
  • Palliser is disappointed that the Company has pivoted to another one-sided deal which similarly does not reflect the Companys intrinsic value.
  • Palliser Capital is a London-based, global multi-strategy investment firm that applies a value-oriented investment philosophy across a range of strategies and asset classes throughout a variety of global markets.

Fervo Energy to Provide 24/7 Carbon-Free Geothermal Electricity to Clean Power Alliance’s Three Million Southern California Customers

Retrieved on: 
Tuesday, October 11, 2022

Fervo Energy and Clean Power Alliance (CPA) are pleased to announce the execution of a 33 MW power purchase agreement (PPA) that will provide 24/7 carbon-free geothermal power to CPA, a community-driven, locally operated Southern California electricity provider.

Key Points: 
  • Fervo Energy and Clean Power Alliance (CPA) are pleased to announce the execution of a 33 MW power purchase agreement (PPA) that will provide 24/7 carbon-free geothermal power to CPA, a community-driven, locally operated Southern California electricity provider.
  • CPA selected Fervo Energy, a leading developer of next-generation geothermal energy, to increase its carbon-free energy deployment in response to a 2021 State of California mandate requiring load-serving entities to procure 1,000 MW of non-weather-dependent, zero-emission baseload energy.
  • The project will provide enough energy to power 13,559 Southern California homes per year while avoiding 21,005 metric tons of greenhouse gas (GHG) emissions each year.
  • Unlike solar and wind energy which are intermittent, geothermal energy delivers reliable renewable energy around-the-clock to our millions of Southern California customers.